Section 689B.230 - Limitation on frequency of increases; exceptions1. Except as otherwise provided in this section, an insurer that issues group health insurance in this State shall not increase the premium rates for the insurance more frequently than every 6 months unless the increase in the premium rates is being made because:(a) An employer has requested a change in its health benefit plan;(b) There has been a change in the number of employees covered by an employer that would affect the insurance premium rate of the employer; or(c) There has been a change in federal or state law which affects the cost of providing services under the health benefit plan.2. If an insurer issues group health insurance to a class of employers that consists solely of bona fide associations and uses a common date of renewal for that class, an increase in the premium rates for that class does not violate the provisions of subsection 1 solely because at least one but not all the members of that class will have an increase in premium rates more frequently than every 6 months.Nev. Admin. Code § 689B.230
Added to NAC by Comm'r of Insurance by R009-02, eff. 5-23-2002; A by R009-02, 7-11-2002